Under the SEC order, all traders regardless of account size will just need to have enough in their margin account to cover their exposure.
Category: Business
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Allbirds, the quarter-zip of footwear, is leaving shoes behind to become an AI infrastructure company
Allbirds shares surged in premarket trading Wednesday.
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Bitcoin fails to hold $75,000 but analysts see hopeful signs
Halfway through April, bitcoin is faring much better than it has since May, up roughly 8.6%
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Report: Uber is committing $10 billion to robotaxis
Uber’s autonomous investments mark a shift from its asset-light business model.
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The most popular male and female names in the US, according to the latest Census
The latest release from the US Census Bureau reveals that American females had far more first-name diversity than male counterparts in 2020.
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Snap jumps after revealing plans to lay off ~16% of its workforce, new guidance sees Q1 revenue up ~12% year-on-year
Through the latest moves, Snap is “pivoting towards profitable growth,” per CEO Even Spiegel, doubling down on its 60%+ gross margin target for 2026.
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Broadcom jumps on expanded chip deal with Meta
The deal includes an initial commitment of over 1GW of computing capacity, enough to power some 750,000 US homes.
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Stocks rise as risk-on traders are hopeful for a peace deal
This past weekend’s failed talks did little to dampen optimism.
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Report: US Treasury wants to get a look at Anthropic’s Mythos model
While the Pentagon has blacklisted Anthropic, the Treasury wants access to its powerful unreleased Mythos AI model for cybersecurity testing.
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6 months after hiking Game Pass prices by 50%, Xbox determines it may be too expensive
Microsoft’s new Xbox chief, Asha Sharma, signaled that the subscription may be too pricey in an internal memo seen by The Verge.
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Quantum stocks rip as IonQ discloses new contracts, hits benchmark milestones
It’s also World Quantum Day.
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Justice Department accuses telehealth Zealthy of fraud, says remedy may bankrupt it
The feds say they don’t think Zealthy has the liquidity to pay what it owes customers.
